Lucernemines, Indiana County, Pennsylvania Property Taxes
Median Lucernemines, PA effective property tax rate: 2.32%, significantly higher than the national median of 1.02%, but lower than the Pennsylvania state median of 2.81%.
Median Lucernemines, PA home value: $67,900
Median annual Lucernemines, PA tax bill: $1,575, $825 lower than the national median property tax bill of $2,400.
How are property taxes in Indiana County calculated?
Property taxes in Lucernemines, PA are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Lucernemines’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Lucernemines, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Lucernemines, Indiana County, Pennsylvania Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.51%
Estimate Property Tax Bill
$1,719
$1,596
Property Tax Rates Across Lucernemines, Indiana County, Pennsylvania
Local government entities are responsible for setting property tax rates, which can differ significantly within a state. Each year, counties estimate the budget needed to provide community services and divide this by the total value of all taxable properties within their jurisdiction, resulting in the property tax rate. Although the process involves votes and laws, this annual calculation is the essence of how rates are determined.
In Lucernemines, located in Indiana County, the effective property tax rate stands at 2.32%, which is notably higher than both the state and national median rates. This means property owners in Lucernemines face a tax rate more than twice the national median of 1.02%. Such a rate can significantly impact homeowners' annual expenses, making it crucial for property owners to explore potential exemptions and appeals to manage their tax liabilities effectively. Understanding these rates and how they compare to other areas can empower property owners to make informed decisions about their property investments and financial planning.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Lucernemines Tax Rate
2.51%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Indiana County Tax Rate
2.26%
Median Effective Pennsylvania Tax Rate
2.75%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Lucernemines, Indiana County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15754 | 2.51% | 2.51% | 2.51% | 2.51% | 2.51% |
Source: Ownwell
Property Tax Assessment Values Across Lucernemines, Indiana County, Pennsylvania
When examining property taxes in Lucernemines, PA, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The Indiana County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
In Indiana County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of May. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Lucernemines. For example, the median home price in Lucernemines is $67,900, with tax bills ranging significantly across the county. Zip code 15754 has the highest median home price at $67,900.
Property Tax Assessment Values Across Lucernemines, Indiana County, Pennsylvania
Source: Ownwell
$26,000
$83,800
$141,600
Median Lucernemines Market Value
$68,500
Median Indiana County Market Value
$98,500
Median Pennsylvania Market Value
$118,310
Median United States Market Value
$235,294
Property Tax Assessment Values Across Lucernemines, Indiana County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15754 | $41,360 | $53,800 | $68,500 | $77,700 | $86,940 |
Source: Ownwell
Property Tax Bills Across Lucernemines, Indiana County, Pennsylvania
Median Lucernemines Tax Bill
$1,717
Median Indiana County Tax Bill
$2,273
Median Pennsylvania Tax Bill
$3,050
Median United States Tax Bill
$2,400
Property Tax Bills Across Lucernemines, Indiana County, Pennsylvania
Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
---|---|---|---|---|---|
15754 | $1,037 | $1,348 | $1,717 | $1,947 | $2,179 |
Source: Ownwell